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Kokusai Electric Shares Rise Sharply on Trading Debut

Por: MarketWatch Business October 25, 2023

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Kokusai Electric, a Japanese maker of equipment used in semiconductor production, didn't issue new shares. An entity run by U.S. investment company KKR held a majority stake prior to the IPO. The entity offered a total of 67.7 million shares valued at Y124.57 billion ($831.0 million) to public investors. Kokusai Electric's total outstanding shares is 230.4 million, according to the Tokyo Stock Exchange. Write to Kosaku Narioka at... + full article



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